{"id":210522,"date":"2017-02-23T05:24:59","date_gmt":"2017-02-23T10:24:59","guid":{"rendered":"http:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/uncategorized\/revolution-ai-how-edmonton-is-gaining-ground-as-a-research-and-innovation-hub-for-ai-financial-post.php"},"modified":"2022-09-17T06:41:44","modified_gmt":"2022-09-17T10:41:44","slug":"revolution-ai-how-edmonton-is-gaining-ground-as-a-research-and-innovation-hub-for-ai-financial-post","status":"publish","type":"post","link":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/artificial-intelligence\/revolution-ai-how-edmonton-is-gaining-ground-as-a-research-and-innovation-hub-for-ai-financial-post.php","title":{"rendered":"Revolution AI: How Edmonton is gaining ground as a research and innovation hub for AI &#8211; Financial Post"},"content":{"rendered":"<p><p>    The AI community in Edmonton may have gotten off to a quiet    start, but it is now viewed as a world leader in the field.    This status is driving efforts to build a startup ecosystem to    attract VCs and corporations hungry for AI solutions.  <\/p>\n<p>    The communitys notoriety can be attributed in large part to    the work of Richard Sutton, a computing science professor at    the University of Alberta who heads up the Reinforcement    Learning and Artificial Intelligence research program (RLAI).  <\/p>\n<p>    Sutton is considered the pre-eminent researcher in    reinforcement learning  a subset of AI he describes as    learning by trial and error.  <\/p>\n<p>    Deep (or machine) learning is more supervised, in which you    are given a training set with many examples of how systems    should behave. Reinforcement learning systems interact and    figure out for themselves the best things they need to do to    achieve their goals.  <\/p>\n<p>    Reinforcement learning is being used in ad and article    placement on websites and schedule and resource management.    Its often used in tandem with machine learning techniques    (autonomous vehicles being a case in point).  <\/p>\n<p>    Suttons latest mission is to work with various groups to    develop a stronger economy for potential AI companies. Its a    timely goal, given that the demand for AI is estimated to reach    $45 trillion by 2025, he says. We now have major companies    coming into Edmonton; and theres a lot of excitement around    this activity in the startup community.  <\/p>\n<p>      When we started, you couldnt get attention      unless you were talking about oil.    <\/p>\n<p>    Sutton is also head advisor for the universitys Alberta    Machine Intelligence Institute (AMII), established 15 years ago    to promote research in AI and machine learning.  <\/p>\n<p>    Now there is a commercial piece that goes with that research,    says executive director.  <\/p>\n<p>    There needs to be a demand-driven component to this.    Professors come up with things that can apply to industry. We    find industry problems we can create startups around.  <\/p>\n<p>    Last fall, AMII announced its first official startup: PFM    Scheduling Services, an AI solution for automating    schedule-building processes in healthcare. Plans are to launch    three to four additional startups over the next 12 to 18    months, or possibly more, Schuler says.  <\/p>\n<p>    Another step forward has been the recent RBC announcement    establishing an AI research lab in Edmonton.  <\/p>\n<p>    Gabriel Woo, VP of innovation at RBC Research in Toronto, says    while Torontos and Montreals AI ecosystems are further along,    you have a comparable academic lab at AMII, and it is home to    Sutton, who literally wrote the textbook on reinforcement    learning that is being read around the world. Because of that,    we are partnering with them to create and fuel opportunities to    help that talent stay in Edmonton.  <\/p>\n<p>    Woo believes the community can expect to see more investors and    startups in the near future. If we are able to provide    opportunities for them to apply their research, it will attract    more attention from VCs and others and increase the    opportunities for commercialization.  <\/p>\n<p>    Cam Linke, co-founder of Startup Edmonton, says the city is    starting to see more startups take advantage of this newfound    interest in AI. When we started, you couldnt get attention    unless you were talking about pulling fermented dinosaurs out    of the ground. Now its great to see attention is on more    sectors than oil.  <\/p>\n<p>    Startups are working with AI in two ways, he explains. They    either have it as a core part of what they are doing; or they    are amplifying what is being done already using machine    learning to target the right people and product offerings.  <\/p>\n<p>    Edmonton is a perfect venue for this, Linke says. We have a    large number of industries  oil and gas, finance, healthcare     with big problems to solve and the data and ability to use it.    A lot of startups are being created because they can now    combine AI techniques with these industry ties to create a    company. Within that mix are the researchers at the    university.  <\/p>\n<p>    The only problem, Linke says, is that Edmonton has been too    quiet about what it has been doing. Whether by accident or    not, we have ended up with a fantastic group of AI researchers.    Now were dealing with a good core of startups and connecting    great talent to great companies, and multi-national companies    are noticing what we are doing.  <\/p>\n<p>    One particular point of pride for Sutton is that they are now    keeping talent at home. AI is a global world and Canada is a    world leader. Canada is punching above its weight and were    trying to keep it that way. To do that we have to ensure there    are business opportunities here.  <\/p>\n<p>    As Schuler notes: If you want to drill for oil and gas, you    would do it in Alberta, not Washington State. The argument is    the same for AI. We have one of the best groups in the world so    how do we capitalize on this? By building industries,    attracting companies and reinvesting.  <\/p>\n<p>    It should be natural for people to want to come here because    of the asset we have.      <\/p>\n<p><!-- Auto Generated --><\/p>\n<p>Read more: <\/p>\n<p><a target=\"_blank\" rel=\"nofollow noopener\" href=\"http:\/\/business.financialpost.com\/entrepreneur\/revolution-ai-how-edmonton-is-gaining-ground-as-a-research-and-innovation-hub-for-ai\" title=\"Revolution AI: How Edmonton is gaining ground as a research and innovation hub for AI - Financial Post\">Revolution AI: How Edmonton is gaining ground as a research and innovation hub for AI - Financial Post<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> The AI community in Edmonton may have gotten off to a quiet start, but it is now viewed as a world leader in the field.  <a href=\"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/artificial-intelligence\/revolution-ai-how-edmonton-is-gaining-ground-as-a-research-and-innovation-hub-for-ai-financial-post.php\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"limit_modified_date":"","last_modified_date":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[13],"tags":[],"class_list":["post-210522","post","type-post","status-publish","format-standard","hentry","category-artificial-intelligence"],"modified_by":"Danzig","_links":{"self":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/210522"}],"collection":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/comments?post=210522"}],"version-history":[{"count":0,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/210522\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/media?parent=210522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/categories?post=210522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/tags?post=210522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}